Page Title: USDA ERS - Farm Economy

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Page Description: Agricultural baseline; agricultural research and productivity; bioenergy; commodity outlook; farm and commodity policy; farm household well-being; farm labor; farm sector income and finances; farm structure and organization; Federal tax Issues; land use, land value and tenure; socially disadvantaged, beginning, limited resource, and female farmers and ranchers.

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Page Keywords: farm economy, agricultural productivity, bioenergy, commodity outlook, farm policy, commodity policy, farm household well-being, farm household wellbeing, farm labor, farm sector income, federal tax issues, market analysis, structure of agriculture, farm typology, Farm Bill, farm income

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Page Text: Farm Household Well-being Farm households typically receive income from both farm and off-farm sources. The well-being of farm operator households often relies more on their nonfarm activities and investments than on their farm businesses. Research and data provide information on the sources of farm household income and wealth, the farm-nonfarm allocation of work and investments by farm household members, and other indicators of well-being, such as health insurance coverage. This topic includes the latest (February 2022) forecast of income for farm households and summarizes 2020 estimates. Farm Labor The Farm Labor topic page presents data and analysis on the size and composition of the U.S. agricultural workforce; recent trends in the employment of hired farmworkers; farmworkers' demographic characteristics, legal status, migration practices, and geographic distribution; trends in wages and labor cost shares; and trends in H-2A program utilization.

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